UK Unquote
Crescendo Biologics secures £17.5m series-A
UK biotech Crescendo Biologics has raised ТЃ17.5m in its series-A funding round from Imperial Innovations, Astellas Venture Management (AVM) and existing investor Sofinnova Partners.
Maven invests £5m into R&M Engineering MBO
Maven Capital Partners has supported the management buyout of R&M Engineering with a ТЃ5m investment in return for a majority stake.
MyOptique Group raises £8m
Online optical retailer The MyOptique Group has raised ТЃ8m from existing and new backers to boost plans for international expansion.
Kester doubles money on Chiltern sale
Kester Capital has sold its stake in clinical services business Chiltern, reaping a 2x money multiple and a 25% IRR.
Carlyle pours $200m into Discover Exploration
Carlyle has invested $200m in Discover Exploration, an oil and gas company led by the former Cove Energy management team.
Duke Street offloads UKWM
Duke Street Capital Partners has sold UKWM to AIM-listed Ashcourt Rowan in a deal valued at ТЃ14.25m.
General Atlantic buys MeteoGroup from PA Group for €190m
General Atlantic has acquired weather business MeteoGroup from PA Group, the parent company of the Press Association (PA), for тЌ190m.
Allen & Overy appoints ex-Ashurst corporate head Lloyd
Stephen Lloyd, Allen & Overy
Endless launches £10m SME-focused fund
UK turnaround house Endless has launched a ТЃ10m fund targeted at SMEs and structured to take advantage of the Enterprise Investment Scheme (EIS).
Metail raises £2.6m in first funding round
British virtual fitting room company Metail has raised ТЃ2.6m in its first institutional funding round, led by New World Private Equity Partners.
Bregal's Canopius attracts Japanese bid
Bregal Capital-owned Lloydтs of London insurer Canopius Group has attracted a ТЃ600m offer from Sompo Japan Insurance.
BGF inks £3.2m Cass Art deal
The Business Growth Fund (BGF) has invested ТЃ3.2m in arts material retailer Cass Art in exchange for a minority stake.
LDC and PostNL in TNT Post joint venture
LDC has teamed up with PostNL to support the rollout of TNT Post UKтs end-to-end (E2E) postal delivery service.
Rosslyn Analytics secures £2.1m investment
Cloud-based data management and analytics business Rosslyn Analytics has received ТЃ2.1m from existing and new investors.
Forbion et al. back Ario Pharma
Forbion Capital Partners, Seroba Kernel Life Sciences and New Science Ventures (NSV) have injected ТЃ1.9m into UK biotech Ario Pharma.
Palamon's Wilson appointed by Silverfleet
Annette Wilson, Silverfleet Capital
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
Mobeus launches linked fundraise
Mobeus Equity Partners has launched a linked fundraising offer, aiming to raise ТЃ24m over its four VCTs.
Palamon rehires Barker and appoints Arbour
Palamon Capital Partners has appointed Philippe Arbour as managing director of structured finance and re-hired Antony Barker as director of investor relations and marketing.
LPFA makes first direct co-investment with Secured Mail
The London Pension Fund Authority (LPFA) has completed its first direct co-investment, investing in postal operator Secured Mail alongside Adveq and Next Wave Partners.
Bridgepoint Development Capital picks up Quotient
Bridgepoint Development Capital (BDC) has acquired outsourced drug development business Quotient Clinical from Quotient Bioresearch Group.
FGPE et al. sell Qumas to Accelrys for $50m
Fidelity Growth Partners Europe (FGPE) and other backers have sold Qumas, an Ireland-based risk and compliance management company, to Nasdaq-listed software firm Accelrys.
BGF backs Duncan & Todd with £5.6m
Business Growth Fund (BGF) has invested ТЃ5.6m in Scottish optical chain Duncan & Todd.
Impact Ventures reaches £20.8m first close
LGT Venture Philanthropy (LGT VP) and Berenberg Private Banking have reached a first close for their social impact fund on ТЃ20.8m.